Audit & Accounting

The Financial Accounting Standards Board has published implementation guidance on accounting for uncertainty in income taxes and disclosure amendments for nonpublic entities.

The U.S. Small Business Administration has introduced an online training course to help more small businesses get federal contracts.

Accounting firm Crowe Horwath is responding to the wave of companies filing for Chapter 11 bankruptcy protection with a set of services to help them navigate the reorganization process.

Public Company Accounting Oversight Board member Charles Niemeier said he plans to leave the board in the near future.

The Securities and Exchange Commission is distributing more than $35 million to over 98,000 investors who were harmed by accounting fraud at Cardinal Health.

The Financial Planning Association is urging SEC Chair Mary Schapiro to clarify and restrict the scope of authority of the Financial Industry Regulatory Authority related to financial planning services.

The Financial Accounting Standards Board has issued a set of proposed changes to fair value measurement rules that would require companies to provide more information about illiquid assets.

IMGCAP(1)] As I spend time with CPA firms and learn about their approaches to developing their talent, exceptional programs rise to the top. One program that comes to mind is WIN@CG, Clifton Gunderson’s women’s initiative. This award-winning, results-oriented platform is worthy of emulation.

The Securities and Exchange Commission has charged Las Vegas accountant Michael J. Moore and his auditing firm Moore & Associates with issuing false auditing reports prepared by high school graduates who had little to no experience with accounting or auditing.

The Basel Committee on Banking Supervision, an influential group of international banking regulators, has released a set of guiding principles to help the International Accounting Standards Board set new standards for financial instruments to deal with the aftermath of the financial crisis.